Fyre Festival scam

Many millennials were excited a couple of weekends ago about the new music festival deemed the next Coachella or Lollapalooza. The first ever Fyre Festival had its kick off and went to absolute shambles.

The Fyre Festival was advertised as a “luxurious music event with many A-list artists” but none of those artists showed up. The festival organizers, Ja Rule and Billy McFarland, were trying their best to make this an amazing event, but things didn’t go to plan. Even the employees don’t know if they are going to get paid. Billy McFarland said, “Just keep working ’til Friday, and we’ll let you know Friday.”

This isn’t the first time one of Billy Mcfarland’s entrepreneurial ideas has gone bad. In August, of 2013, McFarland launched his new black card, Magnises. The black card was geared, and advertised, towards Millennials. It stated it could “unlock your city,” as it included many luxury benefits such as member only concerts from various artists and top seats for certain sport events. The black card was launched originally only in New York City, but then expanded to San Francisco and Washington D.C. Many customers started complaining about the card though. One customer, according to Bussinessinsider.com, stated that they would send the same exact email for every problem, but it was more like a fill in the blanks.

In the end, the Fyre Festival was supposed to be a luxury music event with the average ticket being $12,500. Ja Rule and Billy McFarland, the Fyre Festival founders, stated they will try again next year, offering free tickets for those who paid this year. For now though, they are facing up to 100 million dollars in lawsuits for false advertisement and not paying employees.